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Opportunity costs exist because

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Subject: Indian Economy Exam Prep: Bank Exams , CAT

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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits. B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources. D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.
 
Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

___________ is a typically one­celled, reproductive unit capable of giving rise to a new individual without sexual fusion.

A) Egg B) Spore
C) Sperm D) Seed
 
Answer & Explanation Answer: B) Spore

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Filed Under: Biology
Exam Prep: Bank Exams

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___________ is a straw coloured, viscous fluid constituting nearly 55 per cent of the blood.

A) Plasma B) Formed Elements
C) Blood Groups D) Coagulation of Blood
 
Answer & Explanation Answer: A) Plasma

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following states in India has the highest area under mangroves?

A) Gujarat B) Andhra Pradesh
C) Maharashtra D) West Bengal
 
Answer & Explanation Answer: D) West Bengal

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

The Kambala festival of Karnataka is essentially associated with what?

A) Cock fighting B) Buffalo race
C) Tribal dance D) Bull fighting
 
Answer & Explanation Answer: B) Buffalo race

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

In water treatment plant, use of chloramines ensures __________

A) taste and odour control B) weed control in reservoirs
C) disinfection D) removal of permanent hardness
 
Answer & Explanation Answer: C) disinfection

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Filed Under: Chemistry
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Q:

Which among the following is not a direct tax?

A) Income tax B) Wealth tax
C) Corporate tax D) None of these
 
Answer & Explanation Answer: D) None of these

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Filed Under: Indian Economy
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